The heinous attack on civilians that took place in Pahalgam on 22nd April, 2025, shocked the world. This also reignited the tensions between India and Pakistan. This could be the beginning of a bitter and bloody chapter. However, all eyes are on the trade and financial deadlock caused by this tension.
However, Pakistan Crypto Council recently struck a deal with World Liberty Financial, or WLF. Interestingly enough, 60% of the firm is controlled by the Trump family. The deal was to enhance Pakistan’s crypto landscape. Therefore, this recent fiasco could prove catastrophic for the country.
However, insiders have stated that the deal happened just five days after the terrorist incident. Hence, there is no likelihood that the recent tension between India and Pakistan will affect the agreement in any way.
WLF & Pakistan’s Latest Financial Venture
According to multiple sources, the meeting was presided over by Pakistan’s Prime Minister, Shehbaz Sharif, along with representatives from the WLF, including Zachary Folkman, Zachary Witkoff, and Chase Herro. Newspaper reports suggest that, “Letter of Intent with Pakistan Crypto Council to accelerate blockchain innovation, stablecoin adoption and decentralised finance integration across Pakistan.”
This agreement could prove beneficial for Pakistan as a developing nation. It could make Pakistan one of the leading Asian countries in the crypto sector. This would put Pakistan directly in the league of nations like the UAE, South Korea, and other Asian nations that are exploring crypto as a valid financial medium.
However, such a rapid interest in crypto amidst such political turmoil has raised concerns. At the same time, a section is lambasting Pakistan for its cavalier attitude towards the political fiasco. On the other hand, we have the Trump family, which is playing a double game where it is openly supporting India and Pakistan at the same time, without showing solidarity to either side.
Could this reignite more complex political problems for both nations?
